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Home > US Stainless Steel Scrap Declines: Weak Demand and Excessive Inventories Weigh on the Market Despite Nickel Rebound

US Stainless Steel Scrap Declines: Weak Demand and Excessive Inventories Weigh on the Market Despite Nickel Rebound

9 October 2025 | Commodities, Commodities, Economy, Futured, Highlights, Market Forecasts - Industrial Metals, News

The US stainless steel scrap market saw a slight decline in prices in the week ending Tuesday, October 7, amid sluggish trading activity and weak demand from steel mills. Traders are reporting a cautious climate, with high inventories and little buying appetite, despite the recent rebound in nickel prices on the London Metal Exchange (LME). […]

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